UK working towards global clean energy project: Blair

Britain wants to launch a major international clean energy project with other European countries, Japan and the United States in a drive to combat climate change, Prime Minister Tony Blair said on Tuesday.

Blair said the project could focus on carbon capture and storage — where carbon dioxide produced from burning coal is buried under the ground or the seabed instead of being released into the atmosphere, contributing to global warming. But he indicated the goals of the project had not yet been finalised.
“We have an idea … of a major project, which we will try and agree internationally, for one particular type of energy to be dealt with in a different way and it may well be that carbon capture and storage is where we go with it,” he said.

“I think there is a real possibility of getting ourselves and the other Europeans and the Americans and Japanese and others into a major project which will allow us — in relation to a particular form of new energy source — to make the investment in the research and technology necessary to deliver it,” he told a parliamentary committee.

Financial Express